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    29702 Southfield Rd Southfield, MI 48076

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    29702 Southfield Rd Southfield, MI 48076


    • Strip malls
    • 19,730 SF
    • 0.80 lot acres
    Established Restaurant Business Opportunity For Sale
    $190,000
    19,730 SF

    Established Restaurant Business Opportunity

    Turn-key restaurant, state-of-the-art equipment, high-traffic location.

    29702 SOUTHFIELD, Southfield, MI 48076
    View Listing
    Property ID
    US43-1308140
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lavash Grill / Restaurant
    • Dr. Jana Tumpkin Mcqueen, DDS / Dental Office
    • Bangkok Express Cafe / Restaurant
    • J J Fish & Chicken / Restaurant
    • Spoiled Forever / Clothing Store / Boutique

    Property Details for 29702 Southfield Rd

    Year built
    1985
    Lot size
    0.80 lot acres
    Property size
    19,730 SF
    Zone code
    RS
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    76-24-12-301-007
    APU
    762412301007

    Description

    This turnkey restaurant opportunity in Southfield, Michigan presents a unique chance to acquire an established business with significant growth potential. Located at 29702 Southfield Road, this 19,730 square foot restaurant sits on a 0.8-acre lot in a high-traffic business district. The property, currently operating as JJ Fish and Chicken, has been successfully running since 2017, demonstrating a proven track record. The sale includes all state-of-the-art equipment, allowing for immediate operation with minimal setup required. The business is ready for a new owner to step in and continue its success. This is an exceptional opportunity for an experienced restaurateur looking to acquire an established business with existing infrastructure and clientele. The prime location on Southfield Road ensures high visibility and accessibility, attracting a large customer base. The substantial square footage provides ample space for operations, seating, and potential expansion. This is a truly turnkey operation, minimizing the time and resources needed to launch or relaunch the business. The asking price for this exceptional opportunity is $269,900. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,557,000
      Market price range: $1.10M - $2.74M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,835,000
      Current use
      COMMERCIAL (GENERAL)
      $3,475,000
      Change: +89% Conversion: Easy
      RESTAURANT
      $3,415,000
      Change: +86% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,420,000
      Change: +32% Conversion: Difficult
      OFFICE BUILDING
      $2,105,000
      Change: +15% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $1,600,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2211
    Latitude
    42.5077
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,692
    $86,250
    $1,052,720
    $1,138,970
    -
    $172,500
    $2,105,440
    $2,277,940
    View Listing
    More about this property
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